TITLE

CAYMAN ISLANDS

AUTHOR(S)
Jones, Owen
PUB. DATE
November 2005
SOURCE
Lawyer;11/7/2005, Vol. 19 Issue 43, p47
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article examines the Cayman Islands' orphan special purpose company (SPC) which is commonly used in structured finance transactions. However, the SPC is under investigation by tax, regulatory and accounting authorities in a number of jurisdictions. Some measures for countering this is effective corporate governance and the need for SPC directors to exercise due diligence.
ACCESSION #
18858865

 

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